Duran Ventures Inc.

Duran Ventures Inc.

June 30, 2009 14:00 ET

Duran Ventures Corporate Update

TORONTO, ONTARIO--(Marketwire - June 30, 2009) - Duran Ventures Inc. (TSX VENTURE:DRV) is pleased to provide the following corporate update resulting from the Annual and Special Meeting of Shareholders held today.

The four nominees as proposed by the Company were elected to the board. The directors are Mr. John P. Thompson, Mr. Jeffrey J. Reeder, Mr. Joseph Del Campo, and Mr. David A. Bending. The Company wishes to thank Mr. David Goldman, Mr. David J. Libby, and Mr. Michael Gingles for their service as directors since October 14, 2008.

McGovern, Hurley, Cunningham, LLP Chartered Accountants were re-appointed as auditors for the Company for the ensuing year.

A majority of the disinterested (non-insider) shareholders approved a resolution approving the continuation of the existing stock option plan which allows cumulative stock option grants of up to 10% of the issued and outstanding common shares of the Company.

Subsequent to the Annual and Special Meeting, the Board appointed the following officers:

George A. Brown, Interim Chief Executive Officer

Cary Pothorin, President

Carmen Yuen, Interim Chief Financial Officer, Treasurer & Secretary

The Board committee appointed to find a new Chief Executive Officer has set out the following criteria for the ideal candidate:

- previous experience as the CEO or President of a public listed exploration company

- previous experience in Peru or Latin America

- working knowledge of the Spanish language

- preferably an individual with a professional geologist or engineer designation and a Qualified Person

- preferably available to commence by August 31, 2009

The Company expects to announce the new CEO in July with the transition completed during August 2009.

Duran Ventures is a junior exploration company working to advance and develop the Aguila Copper-Moly Project to a 43-101 compliant resource while continuing to actively evaluate new prospects and targets throughout Peru.

Duran Ventures Inc. is a Canadian resource company listed on the TSX Venture Exchanges: Symbol "DRV".

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

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